CIO Business Intelligence

NOVEMBER 5, 2024

Pursuing measurable results: Success with environmental sustainability requires making the organizational and cultural changes necessary to succeed and realize the potential financial and non-financial benefits. Scope 3 shock: Scope 3 emissions make up 60% to 95% of the total carbon impact for most organizations.

Uncertainty 98

Uncertainty Measurement ROI Reporting 98

CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. These measures mandate that healthcare organisations adequately protect patient data, and that notification must be given in the event of a data breach. The healthcare sector is far and away the number one target for cybercriminals.

Risk 122

Risk Insurance Measurement Strategy 122

CIO Business Intelligence

NOVEMBER 14, 2024

An innovation for CIOs: measuring IT with KPIs CIOs discuss sales targets with CEOs and the board, cementing the IT and business bond. But another even more innovative aspect is to not only make IT a driver of revenues, but also have it measure IT with business indicators.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. They automated remediation and significantly improved MTTR and overall service quality.

IT 98

IT Insurance Cost-Benefit Optimization 98

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 129

Digital Transformation Risk Strategy Testing 129

CIO Business Intelligence

NOVEMBER 6, 2024

This award-winning access management project uses automation to streamline access requests and curb security risks. Automating access saves precious time, reduces risks Święty measures the impact of Relativity’s access management automation project in terms of both access and time. Learn more here.

Management 97

Management Risk Measurement Interactive 97

CIO Business Intelligence

JANUARY 21, 2025

These concerns emphasize the need to carefully balance the costs of GenAI against its potential benefits, a challenge closely tied to measuring ROI. Prioritize high-impact use cases: Identify projects with measurable benefits that can give quick wins. Focus on small-scale initiatives with clear objectives to demonstrate value early.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Do not covet thy data’s correlations: a random six-sigma event is one-in-a-million. Do not covet thy data’s correlations: a random six-sigma event is one-in-a-million.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks. Assume unknown unknowns.

Risk 108

Risk Experimentation Testing Strategy 108

O'Reilly on Data

OCTOBER 22, 2020

It’s also a good indirect measure of training data quality: a team that does not know where their data originated is likely to not know other important details about the data as well. It is important for companies employing ML in these situations to understand how this all fits into the overall risk profile of the company.

Consulting 363

Consulting Risk Cost-Benefit Modeling 363

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. If you’re centered only on monitoring numbers, without focusing on the human aspect, you risk business bottlenecks in the long run.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

Cloudera

MAY 18, 2021

Event-driven and streaming architectures enable complex processing on market events as they happen, making them a natural fit for financial market applications. Flink SQL is a data processing language that enables rapid prototyping and development of event-driven and streaming applications. Intraday VaR. Image Source: [link].

Risk 99

Risk Marketing Risk Management Data-driven 99

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

Risk 98

Risk IT Management Risk Management 98

Jet Global

DECEMBER 21, 2020

In the more modern terminology of business, we could rephrase that to say “be careful about concentration risk.”. When an organization is too reliant on one company or market segment to drive revenue or ensure an adequate product supply, it creates concentration risk. Vendor Concentration Risk.

Risk 98

Risk Reporting Sales Forecasting 98

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 76

Risk Management Risk Management Measurement 76

The Unofficial Google Data Science Blog

AUGUST 27, 2019

by YI LIU Importance sampling is used to improve precision in estimating the prevalence of some rare event in a population. But importance sampling in statistics is a variance reduction technique to improve the inference of the rate of rare events, and it seems natural to apply it to our prevalence estimation problem.

Metrics 98

Metrics Statistics Uncertainty Optimization 98

CIO Business Intelligence

JULY 22, 2024

For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. To mitigate this risk, CIOs are likely to explore multicloud or hybrid cloud architectures, distributing workloads across multiple platforms. Microsoft said around 8.5

Strategy 143

Strategy Testing Risk Management Risk 143

DataKitchen

NOVEMBER 18, 2021

As requests pile up, the data analytics team risks being viewed as bureaucratic and unresponsive. Data pipelines have enough automated tests to catch errors, and error events are tied to end-to-end observability frameworks. Don’t be a hero; make heroism a rare event. Measure your processes (and improve them).

Testing 246

Testing Data Governance Measurement Software 246

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 67

Risk Strategy Risk Management Insurance 67

datapine

MARCH 8, 2021

By utilizing interactive digital dashboards, it’s possible to leverage data to transform metrics into actionable insights to spot weaknesses, identify strengths, and predict events before they occur. This information proved invaluable in offering tailored therapy while taking all-important measures to reduce suicide rates.

Reporting 198

Reporting KPI Management Cost-Benefit 198

Ontotext

FEBRUARY 26, 2024

Ontotext’s Relation and Event Detector (RED) is designed to assess and analyze the impact of market-moving events. The answers to these foundational questions help you uncover opportunities and detect risks. Why do risk and opportunity events matter? and “What is the financial impact?”.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

CIO Business Intelligence

AUGUST 16, 2023

We put sensors in the vessels, and with the measurement data we receive, we can see how full they are and plan the routes accordingly,” says Andreas Bäckström, a business developer at Division Drift. Digital alerts Another project deals with slow-moving vehicles, something that increases the risk of accidents on the roads.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

JANUARY 30, 2025

These changes can expose businesses to risks and vulnerabilities such as security breaches, data privacy issues and harm to the companys reputation. It also includes managing the risks, quality and accountability of AI systems and their outcomes. Essentially to match their IT goals with their business goals. AI governance.

Testing 93

Testing Metrics Cost-Benefit Modeling 93

CIO Business Intelligence

OCTOBER 18, 2023

The procedure, often called kidney dialysis, cleansing a patient’s blood, substituting for the function of the kidneys, and is not without risk, however. Clinically, prediction is more useful if it predicts an IDH event for a given patient during an ongoing dialysis treatment.

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Internet of Things 133

Smart Data Collective

SEPTEMBER 30, 2021

2020 was an especially eventful year for small businesses and it has exposed fundamental flaws in the way they handle data. Sometimes the most advanced security measure you can take is to cover the basics. In both cases, keeping the systems updated and backing up sensitive data can help you mitigate the risks. .

Measurement 138

Measurement Risk Software Reporting 138

CIO Business Intelligence

AUGUST 6, 2024

This article explores the lessons businesses can learn from the CrowdStrike outage and underscores the importance of proactive measures like performing a business impact assessment (BIA) to safeguard operations against similar disruptions. This helps mitigate risks and ensures accountability.

Risk Management 111

Risk Management Risk Testing Finance 111

Smart Data Collective

SEPTEMBER 19, 2022

They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Measure the ROI from delivering a great customer experience.

Big Data 145

Big Data ROI Measurement Machine Learning 145

O'Reilly on Data

DECEMBER 9, 2019

Modern statisticians, such as Fisher and Neyman, claim that probability is a naturally occuring attribute of an event or phenomenon. The probability of an event should be measured empirically by repeating similar experiments ad nauseam —either in reality or hypothetically. or systematic risk exposure to the overall market.

Statistics 32

Statistics Uncertainty Risk Marketing 32

Smart Data Collective

AUGUST 31, 2023

Simply keeping data on the cloud does not ensure your company’s safety in the event of a crisis. Cybersecurity professionals need to embrace a number of new measures as cybercriminals use AI to commit more horrific offenses. This transition has brought forth new cybersecurity issues.

Risk 126

Risk Measurement Strategy Data-driven 126

DataKitchen

NOVEMBER 18, 2022

As he thinks through the various journeys that data take in his company, Jason sees that his dashboard idea would require extracting or testing for events along the way. So, the only way for a data journey to truly observe what’s happening is to get his tools and pipelines to auto-report events. An event or rules engine.

Testing 130

Testing Statistics Measurement Dashboards 130

CIO Business Intelligence

AUGUST 8, 2024

But there’s good news: When organizations leverage open source in a deliberate, responsible way, they can take full advantage of the benefits that open source offers while minimizing the security risks. Just because everyone can help to make open source more secure doesn’t mean everyone actually does. Those practices remain important today.

Software 126

Software Enterprise Cost-Benefit Risk 126

Smart Data Collective

MARCH 15, 2023

This entails implementing a wide range of robust security measures that can protect cloud infrastructure, applications, and data from advanced cyber threats. Furthermore, with the widespread adoption of cloud-based solutions, the risk of cyber-attacks has increased significantly.

Risk 123

Risk Measurement Visualization Management 123

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. How Do You Measure Data Quality? Table of Contents. 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

MARCH 4, 2025

It identifies your organizations most critical functions and assesses the potential risks and impacts to income, opportunity, brand, service, mission, and people. It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans. Business priorities should guide it.

Testing 64

Testing Risk Consulting Risk Management 64

Smart Data Collective

SEPTEMBER 19, 2023

Today, there is a pressing need for non-federal networks to utilize efficient cybersecurity measures to protect the controlled unclassified information (CUI). In this safeguard, strong audit and accountability techniques are established to monitor and keep track of the activities and events related to security.

Risk 128

Risk Software Measurement Interactive 128

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110